SOLENOID: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SOLENOID
Largest movements
- Receivables within one year +€17,338
up €17,338 (+239.3%), from €7,245 to €24,583
of which Trade receivables: +€12,161
- Cash -€10,827
down €10,827 (-3.9%), from €275,601 to €264,774
mainly Contributions, distributions and other (-€46,324) and Receivables within one year (-€17,338)
- Tangible fixed assets -€5,910
down €5,910 (-9.2%), from €64,521 to €58,612
of which Land and buildings: -€4,075
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€56,424
down €56,424 (-42.5%), from €132,780 to €76,356
- Taxes -€18,344
down €18,344 (-45.0%), from €40,759 to €22,415
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €347,590 | €348,173 | +€583 | +0.2% |
| Fixed assets | 21/28 | €64,521 | €58,612 | -€5,910 | -9.2% |
| Tangible fixed assets | 22/27 | €64,521 | €58,612 | -€5,910 | -9.2% |
| Land and buildings | 22 | €62,135 | €58,059 | -€4,075 | -6.6% |
| Furniture and vehicles | 24 | €2,387 | €553 | -€1,834 | -76.8% |
| Current assets | 29/58 | €283,068 | €289,561 | +€6,493 | +2.3% |
| Amounts receivable within one year | 40/41 | €7,245 | €24,583 | +€17,338 | +239.3% |
| Trade receivables | 40 | - | €12,161 | +€12,161 | |
| Other amounts receivable | 41 | €7,245 | €12,423 | +€5,177 | +71.5% |
| Cash at bank and in hand | 54/58 | €275,601 | €264,774 | -€10,827 | -3.9% |
| Deferred charges and accrued income | 490/1 | €222 | €204 | -€18 | -8.1% |
| Total equity and liabilities | 10/49 | €347,590 | €348,173 | +€583 | +0.2% |
| Equity | 10/15 | €329,653 | €329,470 | -€183 | -0.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €323,453 | €323,270 | -€183 | -0.1% |
| Distributable reserves | 133 | €323,453 | €323,270 | -€183 | -0.1% |
| Amounts payable | 17/49 | €17,937 | €18,703 | +€766 | +4.3% |
| Amounts payable within one year | 42/48 | €17,937 | €18,703 | +€766 | +4.3% |
| Trade debts | 44 | €1,636 | €1,623 | -€13 | -0.8% |
| Suppliers | 440/4 | €1,636 | €1,623 | -€13 | -0.8% |
| Taxes, remuneration and social security | 45 | €16,301 | €17,081 | +€780 | +4.8% |
| Taxes | 450/3 | €14,801 | €15,581 | +€780 | +5.3% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,383 | €7,145 | +€762 | +11.9% |
| Other operating charges | 640/8 | €867 | €857 | -€11 | -1.3% |
| Gross operating margin | 9900 | €132,780 | €76,356 | -€56,424 | -42.5% |
| Operating profit (loss) | 9901 | €125,530 | €68,354 | -€57,175 | -45.5% |
| Financial income | 75/76B | €461 | €259 | -€202 | -43.8% |
| Recurring financial income | 75 | €461 | €259 | -€202 | -43.8% |
| Financial charges | 65/66B | €56 | €57 | +€1 | +2.1% |
| Recurring financial charges | 65 | €56 | €57 | +€1 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €125,934 | €68,556 | -€57,378 | -45.6% |
| Income taxes | 67/77 | €40,759 | €22,415 | -€18,344 | -45.0% |
| Profit (loss) for the period | 9904 | €85,175 | €46,141 | -€39,034 | -45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €85,175 | €46,141 | -€39,034 | -45.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.